Industries are always striving for the competitive advantage and trying to make use of cutting-edge technology to do so. Machine learning is one technology that is transforming organizations in domains such as finance, retail, and healthcare. It can provide the following benefits:
- Customer satisfaction: Machine learning can help an organization to decipher the intent and meaning behind emails and delivery notes to prioritize tasks and ensure sustained satisfaction. AI-based chatbots are capable of providing coherent and semantically correct responses. This leads to greater customer satisfaction and provides an economic advantage to organizations.
- Reacting to market trends: In the investment banking sector, where reacting to market trends such as volatility is a very crucial part of the business, machine-learning-based systems can recognize...